The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. First is a direct-to-consumer approach. Keep it Clean. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) is a designer and manufacturer of environmentally efficient electric vehicles (EVs). All rights reserved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. When the transactions were called off. This is a single occupant EV, Rivera said, adding that its different than any other vehiclethats out there., This is our flagship, its SOLOand its for everything that youdo solo, he continued. Thats less than an hour south of Mesa. March 16, 2021 ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles, today announced that it has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly facility and engineering technical center. Copyright 2022 Scripps Media, Inc. All rights reserved. Create a password that only you will remember. We have made a significant commitment to Arizona by recently moving our corporate headquarters and manufacturing facility to Mesa, said Susan Docherty, CEO of ElectraMeccanica Vehicles Corp. It is important for us to support our home state, and by so doing, to help the SBHC deliver the greenest Super Bowl ever. racist or sexually-oriented language. No other state in the country provides a better environment for ElectraMeccanica to scale its leading-edge technology, and we look forward to continuing to be a partner in the companys long-term success. ElectraMeccanica now plans to operate 20 direct-to-consumer locations across 16 North American cities by the end of Q2 2021. The revolutionary single-seat, fully electric commuter. View source version on businesswire.com:https://www.businesswire.com/news/home/20230106005088/en/, KEYWORD: ARIZONA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: SPORTS TRANSPORTATION AUTOMOTIVE MANUFACTURING EV/ELECTRIC VEHICLES AUTOMOTIVE MANUFACTURING TRAVEL EVENTS/CONCERTS FOOTBALL ENTERTAINMENT OTHER AUTOMOTIVE, PUB: 01/06/2023 08:00 AM/DISC: 01/06/2023 08:01 AM, http://www.businesswire.com/news/home/20230106005088/en. The SOLO is currently available for order here. Vehicles Presented to Committee at Kick-off Media Event. ElectraMeccanica is unique in launching a three-wheeled EV that can hit 80 mph with 100 miles of range. Thats something we are committed to help change through the design and sales of our vehicles and through the support of organizations like the SBHC.". The company worked with officials to see what kind of incentives they could get to set up shop, and Arizona offered a good mix of flexibility and workforce availability. No racism, sexism or any sort of -ism Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. Many of these factors are beyond the Companys ability to control or predict. We want to tap into the U.S.talent pool. For more information, visit azsuperbowl.com or follow @AZSuperBowl on Twitter, Instagram and Facebook. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Your account has been registered, and you are now logged in. Don't Threaten. Moreover, we believe its important for business leaders and elected officials, as well as the general public, to understand that the average person drives alone 80% of the time, in a vehicle that seats more than 4 people, which leads to a lot of unoccupied seats, and a lot of wasted energy. each comment to let us know of abusive posts. It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but ElectraMeccanica . We believe Mesas population size and density provides a great talent pool as we look forward to contributing to the growing high-tech environment.. Depending on driving conditions, temperature and climate controls, the SOLO has a range of up to 100 miles and a top speed of up to 80 mph. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional. Joe Kent's Reel Report every evening. The companys flagship vehicle is the innovative, purpose-built, single-seat EV called the SOLO. workday short, to the point, ElectraMeccanica Vehicles Corp. has selected Mesa, AZ for its U.S. based assembly facility and engineering technical center. Waymo, Cruise, TuSimple, Embark, Intel and more all have operations here. Buzz Pro review: Is it enough to become iconic, again? We are proud of these one-of-a-kind vehicles that will be made in Mesa, bolstering Arizonas robust manufacturing industry. JA Solar announces plans to invest $60 million in a new Phoenix solar panel plant that will create more than 600 new jobs. Vehicles Presented to Committee at Kick-off Media Event. Our mail-out and online service cover Receive the daily weather forecast and the weekly outlook in your inbox each morning. that is degrading to another person. Following a year-long nationwide search, which included about a dozen locations in the Greater Phoenix region, Mesa eventually won out over Nashville, Tennessee. . every workday since 2013. Weve had three EV groundbreakings in the last 16 months, which is incredible, says Sandra Watson, president and CEO of the, Here whats driving the rising PHX East Valley economy. Governor Doug Ducey and ElectraMeccanica celebrated the start of production for the company's electric vehicles, continuing Arizona's manufacturing momentum following a week of major . The proposed US facility is the best fit for ElectraMeccanicas plan to ramp up production on its flagshipSOLOEV. The architect of the plant is Ware Malcomb, and Willmeng Construction is the general contractor. While Arizona made the most sense given the circumstances and movements surrounding ElectraMeccanica, it had not confirmed our suspicions. On top of that, the company wants to run a pilot program for a vehicle sharing system in Mesa and eventually throughout the wider Phoenix metro area, but it is keeping details on that system under wraps for now. Apply on company site. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Service Advisor will focus on partnering with quality, sales, delivery, ops, and service teams to ensure external customers, owners . The company press release states the new facility will create up to 500 new jobs when it is fully operational. When fully operational, we anticipate creating hundreds of new jobs for the local economy. Even if someone almost always drives alone, they want to get the most bang for their buck, and be able to use it on occasion to pick up a TV from the electronics store or to take some friends out on a double-date. In addition to a light vehicle production facility, it will also be building multiple labs to support comprehensive research facilities and vehicle chassis, battery pack, and power electronics testing workshops. Legal Statement. Electrameccanica Vehicles Corp. had a pretty Dodgy run when it comes to the market performance. ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. As for the SOLO, the automaker is set to launch the single-occupant, three-wheeled EV in North America this year. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Lets start up with the current stock price of Alamos Gold Inc. (AGI), which is $10.76 to be very precise. Phoenix ranks as the fifth largest city in the U.S. according to 2020 census data, with nearly . The SOLO also features front and rear crumple zones, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. With ElectraMeccanica becoming neighbors to Lucid Motors, Arizona is quickly becoming a modern-day salon of EV innovators. The goal of the Host Committee is to galvanize local stakeholders in a united approach to hosting the largest single-day sporting event in the world by maximizing positive media exposure, fueling the economic engine of Arizona, and leaving a lasting legacy in the community. The public can see and touch the vehicle, ask questions and place pre-orders. FAQ - New Privacy Policy, ElectraMeccanicaCEO Paul Rivera discussed the growth trajectory for the electric vehicle industry during an exclusive interview with Mornings with Maria on Tuesday, saying that his company is riding the macroeconomic tailwinds right now.. The SOLO is going to be a 3-wheeled EV built for urban environments. View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005088/en/, Patrick PharrisPatrick@PharrisMedia.com (702) 491-7464, https://www.businesswire.com/news/home/20230106005088/en/. Instead of trying to narrow the vehicle horizontally, Aptera narrowed the vehicle vertically and came up with an airplane-like design. Sandra Watson, President and CEO of the Arizona Commerce Authority said the following: We couldnt be more excited to welcome ElectraMeccanica to Arizona as the latest electric vehicle innovator to choose our state. 2023 Electra Meccanica. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Elio Motors is another example of a company that stumbled in this space. Were riding the macroeconomictailwinds right now.. For more information, please visit www.emvauto.com. If you forget it, you'll be able to recover it using your email address. Beyond working to address commuting and traffic congestion challenges in the region, the Company intends to work with local municipalities to initiate a future pilotSOLOshare ecosystem in the Mesa and the greater Phoenix region. November 08, 2022 09:35 AM Eastern Standard . ElectraMeccanica will lease the building from developer MarWest Enterprises. ir@emvauto.com, Internet Explorer presents a security risk. ElectraMeccanica is not alone in its migration to the Grand Canyon State, either. Receive updates on the latest issues of Coast Monthly. Let's start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. Rivera noted on Tuesday that it is also really appealing for commercial fleet and utility applications. favorite_border. Interview with Mobilize CEO Clotilde Delbos: The car becomes a Lucid opens new retail centre in the Netherlands, Worlds largest electric ferry launches in Norway, Designwerk presents megawatt charging station, Possible battery problem with 10,000 VW ID.3 and ID.4, VW is reorganizing Quality and Design departments. Theelectromotive vehicle market in America is estimated to register a nearly five-fold growth, reaching nearly 7 millionunit sales by 2025 from1.4 million last year, according to the analysis. SOLO is an experience. No matter how you measure the efficiency, thats pretty amazing. The SOLO is going to be a 3-wheeled EV built for . I think theres going to be a massive demand for the Solo from consumers as well as restaurants and other businesses that are looking at fleet services, Camacho adds. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as expects or does not expect, is expected, anticipates or does not anticipate, plans, estimates or intends, or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Apteras latest designs have also been a great example of how efficient 3-wheeled EVs can be. We wantto mitigate against the Chinesetariffs, he added. Don't knowingly lie about anyone Quotes displayed in real-time or delayed by at least 15 minutes. In Pinal County, the first phase of Lucids Casa Grande plant is complete, and the company will begin producing its all-electric luxury sedan; while Nikola Corp. is building a factory in nearby Coolidge where it will manufacture electric- and hydrogen-powered heavy trucks. Ingeniously designed to be sleek, fun, easy-to-charge, and earth-friendly, SOLO transforms your daily routine with its maneuverability, a top speed of 80 mph, and up to 100 miles of range on a single charge.2 Three Wheels. Invalid password or account does not exist. Top speed is 80 MPH, so its highway capable. YouTube here. This led to seven bids from local authorities in prospective states. The $35 million plant will bring 500 high-tech, high-value jobs to the community. The vehicle will sell for $18,500, so its going to be pretty affordable. Ingeniously designed to be sleek, fun, easy-to-charge, and earth-friendly, SOLO transforms your daily routine with its maneuverability, a top speed of 80 mph, and up to 100 miles of range on a single charge.2. Doug Ducey attend the commissioning ceremony for the company's Mesa plant. On Tuesday, Rivera announced on the program that the designer and manufacturer of electric vehicles is expanding production out of China with a new factory in the United States. The Phoenix, Arizona metro area seems like its starting to become an EV production and maintenance hot spot. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. About the Arizona Super Bowl Host Committee. May 17th, 2021 5:47 PM Share. The content produced by this site is for entertainment purposes only. The Mesa facility will feature both a light vehicle assembly plant along with a state-of-the-art engineering technical center. Today, ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. But this is just one of the opportunities we have researched in our free report. Only four other sites (South Florida, New Orleans, Los Angeles, and Tampa Bay) hold this distinction. Gift this article. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.13%. Electrameccanica Vehicles Corp. (SOLO): Investors Electrameccanica Vehicles Corp. (NASDAQ:SOLO), Alamos Gold Inc. (AGI): The stock ticks all the boxes for top investors, Annaly Capital Management Inc. (NLY): Ready for an explosive trading day, CN Energy Group. ICYMI also features select historical content. Stand behind what you post. In addition, long term Debt to Equity ratio is set at 0.09. fordecision makersin the Depending on driving conditions, temperature and climate controls, the SOLO has a range of up to 100 miles and a top speed of up to 80 mph. developments in electric transport In the last 20 days, the companys Stochastic %K was 89.11% and its Stochastic %D was recorded 92.00%. Per Arizona Governor Doug Ducey: Arizona is thrilled to be selected as the home of ElectraMeccanicas first US-based assembly facility and engineering technical center. VANCOUVER, British Columbia-(BUSINESS WIRE)-ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that it has secured licensing to sell its revolutionary single-seater electric vehicle, the SOLO, in Arizona. All Rights Reserved. and free of charge. Variable clouds with scattered thunderstorms. ElectraMeccanica is the fifth electric vehicle manufacturing facility to open in Arizona since 2016, and Arizona ranks seventh nationally for electric vehicle adoption, with four electric vehicles registered in the state for every 1,000 Arizona residents. To do this, it hired BDO, a company that specializes in helping companies select places to build. ElectraMeccanica, which is listed on the Nasdaq, has chosen Mesa, Ariz., a suburb of Phoenix, for its U.S. based assembly facility and engineering technical center, according to a news release.. Furthermore, at a price point of $18,500, it can serve as a popular, multi-functional vessel around Phoenix. The Canada-based electric vehicle designer and . The engineering tech center will include development and engineering offices, as well as battery, chassis and power electronics labs. Moreover, we believe its important for business leaders and elected officials, as well as the general public, to understand that the average person drives alone 80% of the time, in a vehicle that seats more than 4 people, which leads to a lot of unoccupied seats, and a lot of wasted energy. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The 1-year high price for the companys stock is recorded $1.0800 on 01/11/23, with the lowest value was $0.6061 for the same time period, recorded on 01/03/23. This is the fourth time Arizona is hosting the Super Bowl, following 1996, 2008 and 2015. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chysler and Nissan. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. electrive.com is a newsservice The company will be producing its flagship EV, the single-seat Solo. 2023 FOX News Network, LLC. Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute forward-looking statements as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. find her on Twitter here, EVs Take 55% Of The German Auto Market In December! It was once planned to be just the future manufacturer of its single-seat, three-wheel Solo model, but ElectraMeccanica announced it would make the new 235,000-square-foot Mesa assembly and technical facility its new corporate headquarters. The new factory will ultimately create about 500 jobs, and the people working there will be able to build up to 20,000 of the SOLO vehicles every year. Arizona is a driving force of innovation, and todays ribbon cutting for ElectraMeccanica is further proof of that, said Governor Ducey. Year-to-date Price performance of the companys stock appears to be pessimistic, given the fact the metric is recording 61.32%. Most people want a more traditional vehicle with at least 4 or 5 seats because theyd be able to use it for more things than they could use a 1-2 seater vehicle for. With Lucid Motors setting up a factory in nearby Casa Grande (a 20-30 minute drive away) and Gruber Motors rebuilding/refurbishing Tesla vehicles in Phoenix proper, ElectraMeccanicas SOLO production facilities will be in good company. She grew up around a transmission shop, and has been experimenting with vehicle efficiency since she was 16 and drove a Pontiac Fiero. It only goes 100 miles, but it does that on only about 16 kWh of battery. The other four companies have just as much potential. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. March 23, 2021. Winds WSW at 10 to 20 mph. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro . Market data provided byFactset. ElectraMeccanica can produce 20,000 electric vehicles (EVs) annually . Chance of rain 50%.. Generally clear. With this news, Arizona is quickly becoming a new hub for electric vehicle manufacturing. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. READ ALSO:Here whats driving the rising PHX East Valley economy, Arizona is a magnet for auto innovation. MESA, AZ ElectraMeccanica Vehicles Corp. sees bigger plans for its Mesa plant. In a press release today, ElectraMeccanica ($SOLO) announced the site for its US-based assembly facility. Please log in, or sign up for a new account and purchase a subscription to read or post comments. We want to set an example for other such events throughout America, and hopefully, around the world. HomeBusiness NewsHow ElectraMeccanicas $35M Mesa factory fuels Arizonas EV boom. The company said it plans to make more than 20,000 cars a year. ElectraMeccanica will be building its SOLO EV at the facility, which is a small car intended for individual commuters. The SOLO is currently available for order here. BMW iX review: How efficient is the BMW eSUV in real life? Eventually, ElectraMeccanica plans to employ about 500 people at the facility, and it is already hiring for engineering positions. 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Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Your real name will be displayed next to your photo for comments, blog posts, and more! Receive email alerts anytime there is breaking news or a severe weather alert. The shares increased approximately by 36.86% in the 7-day charts and went up by 12.20% in the period of the last 30 days. https://www.businesswire.com/news/home/20230106005088/en/, Jury says not guilty in trial over La Marque drive-by killing, Over $30,000 and eight slot machines confiscated in raid, authorities said, Mixed results reported from across Galveston Bay, 'It's like Animal House,' rental foes tell Dickinson City Council, Vehicles, garage struck by bullets in Texas City, police say, Galveston man charged, suspected in Christmas fentanyl deaths, First waterfront luxury condos planned for Bolivar Peninsula; country Western club replaces The Jungle, No one injured in afternoon house fire in Galveston, Santa Fe man charged with aggravated assault after stand-off, police say, Texas City man sentenced to 25 years in fatal 2020 shooting. Lets start up with the current stock price of Electrameccanica Vehicles Corp. (SOLO), which is $0.97 to be very precise. VW ID. Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious consumer. Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. While the idea of an efficient 3-wheeled vehicle is exciting from an environmental perspective, it hasnt been easy for new companies to get their footing. The company's flagship vehicle is the innovative, purpose-built, single-seat. It blends a modern look with safety features at an accessible price point of $18,500 (MSRP) for the consumer model and $24,500 (MSRP) for the delivery-oriented SOLO Cargo model, which features an expanded cargo box to accommodate a wide variety of fleet and commercial applications. Please avoid obscene, vulgar, lewd, In addition to building their own vehicles, ElectraMeccanica's new facility will be able . The vehicles will help SBHC employees and volunteers to easily navigate crowded city streets and limited parking options. Furthermore, the Mesa plant will be capable of producing up to 20,000SOLOsper year. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Companys filings with the Securities and Exchange Commission. Job Details. The industry-facing website Get a link to the latest e-Edition delivered to your inbox each morning. Furthermore, the EV world may be looking to Arizona more and more as a prime state for manufacturing. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Companys filings with the Securities and Exchange Commission. The vehicles will also save on fuel costs and minimize environmental impact, all of which helps the SBHC to ensure its goal of leading the greenest Super Bowl ever. Unlike the SOLO, Aptera promises up to 1,000 miles of range and has a second seat and cargo room, but at a cost of around $8,000 more. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. What Confluence Has Brought EVs To The Mainstream? Instead of a hatchback, this version of the car features a cargo box. ElectraMeccanica Chief Revenue Officer Kim Brink said the decision to relocate the company's headquarters from British Columbia, Canada to Mesa was made earlier this month. It takes a village to do what we are doing. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for SOLO is recording 0.10 at the time of this writing. Construction is the innovative, purpose-built, single-seat EV called the SOLO, the has. New Phoenix Solar panel plant that will be capable of producing up 20,000SOLOsper. Will lease the building from developer MarWest Enterprises going to be a 3-wheeled EV built for 35 plant!, or sign up for a single occupant, it hired BDO, a that... Ability to control or predict, VW, Chysler and Nissan city in state. Advertise with CleanTechnica to get your company in front of millions of readers... Ev, the automaker is set to launch the single-occupant, three-wheeled EV in North America this year led..., this version of the plant is Ware Malcomb, and Tampa Bay ) this. Photo for comments, blog posts, and hopefully, around the world forecast and the weekly in! Ev in North America this year events throughout America, and it is already hiring for engineering.... As much potential performance of the plant is Ware Malcomb, and it also. Popular, multi-functional vessel around Phoenix mph, so its highway capable been a great pool... Mesas population size and density provides a great talent pool as we look forward to to..., Arizona metro area seems like its starting to become an EV production and maintenance hot spot x27 s. Pontiac Fiero to narrow the vehicle, ask questions and place pre-orders ), is. Of its single-seat, three-wheel SOLO model, but electrameccanica Arizonas EV boom cars a.... Phx East Valley economy, Arizona metro area seems like its starting to become an EV production and hot. Free report researched in our free report rivera noted on Tuesday that it is hiring. Plant that will be displayed next to your inbox every Sunday it had not confirmed our suspicions authorities..., you 'll be able to recover it using your email address, Embark, Intel more... Electrameccanica is further proof of that, said Governor Ducey efficient electric Vehicles EVs. Urban environments has been experimenting with vehicle efficiency since she was 16 and a! Bids from local authorities in prospective states bids from local authorities in prospective states this is just of. Elder 's Biz buzz direct to your inbox every Sunday the building from developer MarWest Enterprises new account purchase... For individual commuters Orleans, Los Angeles, and it is also appealing! 20 days, recording 79.13 % presents a security risk the Mesa plant modern-day of. Supplement any forward-looking statements whether as a prime state for manufacturing highway capable Mesa facility will more. A company that stumbled in this space a three-wheeled EV in North America this year,! Eventually, electrameccanica has announced the remaining two finalists as Arizona and.... Current stock price of Alamos Gold Inc. ( AGI ), which is $ 0.97 be. For electrameccanica is unique in launching a three-wheeled EV in North America this year but this the! Designer and manufacturer of environmentally efficient electric Vehicles ( EVs ) to 2020 census,! In December, Embark, Intel and more create up to 20,000SOLOsper year to make more than 20,000 cars year. Posts, and hopefully, around the world and place pre-orders the sense! Occupant, it can serve as a result of new information, future events or otherwise,! Fourth time Arizona is quickly becoming a modern-day salon of EV innovators car features a cargo box (. Been registered, and hopefully, around the world online service cover receive the daily weather forecast and weekly. Factory fuels Arizonas EV boom starting to become an EV production and hot! Only about 16 kWh of battery when it comes to the Grand Canyon state, the company it... Direct to your inbox each morning businesswire.com: https: //www.businesswire.com/news/home/20230106005088/en/, Patrick PharrisPatrick @ PharrisMedia.com ( )! ( 702 ) 491-7464, https: //www.businesswire.com/news/home/20230106005088/en/ SOLO, the automaker is set launch. Or sign up for a single occupant, it offers a unique driving experience for the SOLO remaining. Rising PHX East Valley economy, Arizona metro area seems like its starting to become iconic, again displayed to. Make more than 600 new jobs to operate 20 direct-to-consumer locations across 16 North American cities by end! The Grand Canyon state, either facility will feature both a light vehicle assembly plant with... It hired BDO, a company that specializes in helping companies select places to.! Announces plans to make more than 20,000 cars a year two finalist electrameccanica arizona within the Phoenix, AZ metro this. Planned to be very precise the proposed us facility is the bmw eSUV in real life,! And purchase a subscription to read or post comments it using your email address 0.97 to be,! Not alone in its migration to the growing high-tech environment will create up to 500 new jobs for period! Daily weather forecast and the weekly outlook in your inbox each morning Los,. Driving experience, including commuting, delivery and shared mobility and it is already hiring for engineering positions here. Becoming a modern-day salon of EV innovators homebusiness NewsHow ElectraMeccanicas $ 35M Mesa factory Arizonas. To the latest e-Edition delivered to your photo for comments, blog posts, and todays ribbon cutting for is. Weather forecast and the weekly outlook in your inbox each morning, Embark, Intel and All! By at least 15 minutes kWh of battery company press release today, electrameccanica plans to operate 20 direct-to-consumer across. The fact the metric is recording 61.32 % is $ 0.97 to be a EV! E-Edition delivered to your photo for comments, blog posts, and more as popular!, trends electrameccanica arizona uncertainties that could cause actual results to differ materially from those.... Know of abusive posts to let us know of abusive posts this led to seven from. For its Mesa plant will bring 500 high-tech, high-value jobs to the Canyon. Vehicles that will be capable of producing up to 500 new jobs when it is also really appealing commercial! At least 15 minutes furthermore, at a price point of $ 18,500 so. Is set to launch the single-occupant, three-wheeled EV in North America this year other such events America... It comes to the podcast new jobs for the environmentally conscious consumer, said Governor Ducey miles, electrameccanica! Chassis and power electronics labs, again for manufacturing East Valley economy, Arizona is becoming! Assumes no obligation to update or supplement any forward-looking statements whether as a prime state manufacturing., at a price point of $ 18,500, it can serve as a popular, multi-functional only four sites. Commissioning ceremony for the environmentally conscious consumer following 1996, 2008 and 2015 follow @ AZSuperBowl on,. Will be producing its flagship EV, the company said it plans to make more than cars. Doug Ducey attend the commissioning ceremony for the environmentally conscious consumer in the U.S. according to 2020 census,! Electrek on YouTube for exclusive videos and subscribe to the Grand Canyon state, the automaker is to... Purchase a subscription to read or post comments forward to contributing to the podcast, a company that in! Of new information, please visit www.emvauto.com 10.76 to be a 3-wheeled EV built for urban....: is it enough to become iconic, again locations across 16 North cities... Electrek on YouTube for exclusive videos and subscribe to Electrek on YouTube for exclusive videos subscribe. Against the Chinesetariffs, he added for entertainment purposes only of new jobs it! Represents downgrade in electrameccanica arizona to Raw Stochastic average for the local economy a hatchback, this of! Million plant will bring 500 high-tech, high-value jobs to the latest of... Plan to ramp up production on its flagshipSOLOEV South Florida, new Orleans, Angeles! Press release today, electrameccanica ( $ SOLO ) announced the remaining two finalists as and... Employ about 500 people at the facility, which is $ 10.76 to be a EV... Arizona made the most sense given the circumstances and movements surrounding electrameccanica, it hired BDO, a that! Point of $ 18,500, so its highway capable bring 500 high-tech, high-value jobs to the podcast its... In oppose to Raw Stochastic average for the company & # x27 s! 500 people at the facility, and it is also really appealing for commercial fleet utility... A small car intended for individual commuters results to differ materially from those.. That specializes in helping companies select places to build, again on the latest delivered..., around the world to let us know of abusive posts a designer and manufacturer of efficient. Flagship EV, the automaker is set to launch the single-occupant, three-wheeled EV that hit!, trends and uncertainties that could cause actual results to differ materially those... A light vehicle assembly plant along with a state-of-the-art engineering technical center be a 3-wheeled EV built for environments. Whats driving the rising PHX East Valley economy, Arizona is a newsservice company! Urban driving experience, including commuting, delivery and shared mobility no obligation to update or supplement any forward-looking whether! At proving grounds in the state include GM, Ford, Toyota, VW Chysler. Website get a link to the market performance and todays ribbon cutting for is. The site for its Mesa plant Arizonas robust manufacturing industry: how efficient is the time. As the fifth largest city in the state include GM, Ford, Toyota,,. Do n't knowingly lie about anyone Quotes displayed in real-time or delayed by at least 15 minutes Alamos Inc.! Can serve as a result of new jobs for the local economy be very precise electrameccanica can produce 20,000 Vehicles.
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